Luxembourg posted a current account gap of EUR 560 million in the fourth quarter of 2018, compared to a EUR 728 million surplus in the corresponding period of the previous year. The services surplus narrowed to EUR 5,704 million from EUR 6,101 million a year earlier. In addition, the primary income deficit increased to EUR 5,350 million from EUR 4,511 million while the secondary income gap rose to EUR 341 million from EUR 230 million. Meanwhile, the goods shortfall decreased to EUR 574 million from EUR 632 million in the last quarter of 2017. Current Account in Luxembourg averaged 629.21 EUR Million from 1995 until 2018, reaching an all time high of 3148.90 EUR Million in the third quarter of 2015 and a record low of -2073.70 EUR Million in the second quarter of 2015.

Current Account in Luxembourg is expected to be -470.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Luxembourg to stand at 1370.00 in 12 months time. In the long-term, the Luxembourg Current Account is projected to trend around 1400.00 EUR Million in 2020, according to our econometric models.

Luxembourg Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-21 09:50 AM Current Account €607M €1045M €-480M
2018-09-21 09:05 AM Current Account €-897.4M €2503.5M €-370M
2018-12-21 10:35 AM Current Account €1382M €-601M €2800M
2019-03-25 09:30 AM Current Account €-560M €1917M € 1500M
2019-06-21 09:50 AM Current Account €-560M € -470M
2019-09-20 09:05 AM Current Account € -400M
2019-12-20 11:00 AM Current Account


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.56 -0.53 -0.03 -1.06 EUR Billion [+]
Current Account -560.50 1917.30 3148.90 -2073.70 EUR Million [+]
Current Account to GDP 4.80 4.90 12.60 4.80 percent [+]
Imports 1.65 1.63 2.00 0.36 EUR Billion [+]
Exports 1.08 1.10 1.20 0.33 EUR Billion [+]
External Debt 3661925.78 3767762.78 3928297.76 678052.57 EUR Million [+]
Capital Flows 713.20 2193.89 3149.90 -2377.10 EUR Million [+]
Gold Reserves 2.20 2.20 2.39 2.20 Tonnes [+]
Foreign Direct Investment -241212.20 -105595.60 306462.90 -241212.20 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Luxembourg Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Luxembourg Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-560.50 1917.30 3148.90 -2073.70 1995 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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